Trophy location. corner property with an alley in the back . Walk to all restaurants, shops and Sherman Oaks village .This is a great opportunity for investors to acquire these two income producing properties in the densely populated Sherman Oaks neighborhood.This area is situated within the Transit Oriented Communities (TOC) Tier 2. Existing 2 ( FIVE ) unit buildings on two separate lots , Approx proforma annual income of approx. $304,000 . lot size 11,9852 sq.ft. , Living space sq. ft 9,820 sq.ft . 4323 Van Nuys blvd. ( APN # 2276014002) consists of (1) single story 3 br, 2 bath house , (2 ) two br ,1 bath & ( 2) one br,1 bath units .4329 Van Nuys blvd . ( APN # 2276014001) consists of (1 ) 2 Br +den , 1 bath owner's unit and ( 2) two br ,1 bath & (2 ) one br. 1 bath units.A unique Buy & hold or development opportunity for investors and builders in prime area of Sherman Oaks South of Ventura Blvd.Asking price $4,975,000 .Buyer to verify zoning , lot size, age of the building and applicable requirements to develop .
MLS# | 24414939 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1973 |
Days On Site | 216 |
Listing Provided By | Rodeo Realty 818-986-7300 | Steven B. Mesbah |
SQ Feet | 4,830 |
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Units | 5 |
Building(s) | 1 |
Zoning | LARD1.5 |
Acreage | 0.14 |
State | CA |
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County | Los Angeles |
City | Sherman Oaks |
Zip Code | 91403 |
Area | SO Sherman Oaks |
Listing VS Median (in 91403) | |
Price: $4,975,000 low | high Med: $959,500 SqFt: 4,830 low | high Med: 1,582 $ / SqFt: $1,030 low | high Med: $631 On Site: 216 low | high Med: 94.000000 |